News

Bank of America Corp. (NYSE: BAC) exceeded expectations with Q2 earnings of $7.1B and $0.89 EPS, driven by NII growth and ...
Bank of America's net interest income growth is set to slow, with sticky deposit costs and rising charge-offs limiting EPS ...
Key Points - Earnings per share (GAAP) reached $0.89, topping analyst expectations by 3.5% (GAAP), but GAAP revenue missed forecasts. Net income (GAAP) climbed to $7.1 billion, with net interest ...
Bank of America (NYSE:BAC) posted what appeared to be a strong Q1 2025, with 11% year-over-year growth in net income and 18% growth in EPS to $0.90. Management boasted through 12 consecutive ...
Analysts expect net interest income — the difference in what banks pay depositors and what they earn on loans and investments — to have risen in the period.
The company deployed automated coding tools to its 17,000 software developers, CEO Brian Moynihan said Wednesday.
To that end, Bank of America has leaned on its CashPro platform, which allows businesses to manage their cash flow, payments, and other financial activities. Payments through the CashPro App surpassed ...
Bank of America will invest $4 billion in AI and related technology innovations this year, but the financial services giant’s 7-year-old homemade AI agent, Erica, remains a key ROI generator ...
Bank of America plans 150+ new branches by 2027, investing $5B in its network since 2016. ... Bank of America to open 150+ new branches by 2027 as part of $5B investment strategy.
Bank of America’s securities research team sees the spinoff drama at Warner Bros. Discovery over its linear TV, studios and streaming businesses worth viewing for outsized investor returns ...